Another Private Bank Delivers Strong Numbers!

AUBANK

Q1 Update Beats Expectations

After strong updates from major private sector banks,

has also reported an impressive Q1 business update, highlighting that India's credit growth story remains firmly on track. The bank delivered healthy growth across deposits, advances and loan book, reinforcing confidence in the broader banking sector. ##Key Highlights Deposits Continue to Surge • Total Deposits: ₹1,57,730 crore • Growth: 23.5% YoY CASA Remains Healthy • CASA Deposits: ₹45,400 crore • Growth: 21.9% YoY • CASA Ratio: 28.8% ##Loan Growth Stays Strong • Gross Advances: ₹1,40,460 crore • Growth: 25.8% YoY • Gross Loan Portfolio: ₹1,44,250 crore • Growth: 22.6% YoY ##Why Is This Important? Another Sign That Banking Demand Is Strong Over the last few days, several private banks have reported healthy business updates. numbers add further evidence that: • Credit demand remains robust • Deposit growth is improving • Economic activity remains healthy ##Positive Signal for Banking Stocks Stocks to Watch ##Bottom Line One more private sector bank has delivered numbers that are better than market expectations.